Tag: employee pay

Are We on the Cusp of a Great Resignation Part II?

Lately, it seems like everyone knows someone who’s thinking about quitting their job. In fact, according to a study by LinkedIn and Microsoft, reported by Fortune, a whopping 52% of workers in 2024 are eyeing the exit—up from 40% during the Great Resignation. But why is the desire to leave still climbing when it seemed […]

hire

5 Hiring Tips for Small Business Owners

2023 marked an important year for hiring managers, as it brought challenges with labor shortages, looming retirements, and a demand for evolving skills for small to medium sized businesses. But this year, the tide is turning. CEOs of smaller businesses are remaining optimistic about the future of hiring in the coming months due to a […]

10 DEI Metrics That Matter

What gets measured gets done. Diversity, equity, and inclusion (DEI) are top of mind for companies large and small, but making notable progress on long-standing challenges around DEI requires a plan to set goals and then collect timely and relevant data to track progress. Companies have invested millions into DEI initiatives. When a company spends […]

pay

A Growing Debate: Pay Based on Where You Live or What You Do?

The COVID-19 pandemic has forced many companies to accept widespread remote work. With well over a year of experience with this staffing model, companies are finding their fears of reduced productivity are largely unfounded. At the same time, employees have developed a taste for working from home, and many would prefer to do so permanently […]

coaching

Why Career Growth Deserves a Promotion

So much has been volatile for the American worker since the Great Recession—but one constant has been the size of annual merit increases. For many years, merit increase budgets have continued to hover just under 3%, despite an improving economy, low unemployment, tax reform savings, and fierce competition for talent. Employers face competing cost pressures: […]

Moderation in all things

by Mark I. Schickman What brings job satisfaction to employees is a key inquiry for every HR professional. And, as we have written before, that answer changes with the times and with the circumstances. Boomers wanted job security and were often most comfortable when they were taking detailed instructions from supervisors. Successively, those values have […]

Nervous about pay equity? Don’t worry, you don’t have to boil the ocean

It’s one thing to strive for an equitable compensation system, but it’s quite another to really understand whether employees are being paid fairly and what to do if they’re not. With employees having instant access to salary data through the Internet—data that may or may not be relevant to their situations—and the debate becoming a […]

Late time cards a headache but no reason to withhold pay

You’d think employees would be eager enough for their paychecks that they would make sure to turn in time sheets promptly. But that’s not always the case, and employers may be tempted to withhold pay as a not-so-gentle reminder for workers to submit their hours on time. That’s temptation best avoided, though, according to attorneys […]

Holiday bonuses may cause FLSA headaches

by Kara E. Shea Many employers provide bonuses to employees this time of year, including everything from holiday turkeys to annual longevity pay. However, employers that play Santa must be mindful that under the federal Fair Labor Standards Act (FLSA), some bonuses may require additional overtime pay to nonexempt employees. Payments that affect overtime First, […]